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Oil & Gas

Chevron provides Ecuador authorities evidence in bribe plot

September 8, 2009 reports that lawyers for Chevron Corporation provided evidence to Ecuador authorities, including video recordings and emails, to assist with the investigation of a $3 million bribe scheme associated
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BP taps vast pool of crude in deepest-ever oil well in Gulf of Mexico

September 3, 2009
Normal 0 0 1 367 2092 17 4 2569 11.1282 0 0 0 Nearly seven miles below the Gulf of Mexico, oil company BP has tapped into a vast
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Waste Management invests in waste-to-fuel process

August 26, 2009
According to the Associated Press, Waste Management Inc. is investing in a waste-to-fuel conversion technology that makes high-octane fuel from grass clippings, discarded food and other organic waste. The nation''s
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CBI unit wins $40 million ethylene plant contract

August 19, 2009
Normal 0 0 1 87 497 4 1 610 11.1282 0 0 0 Lummus Technology, a subsidiary of Chicago Bridge & Iron NV, has won a contract worth about
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Exxon, China sign $41 billion Australian gas deal

August 19, 2009
Normal 0 0 1 268 1532 12 3 1881 11.1282 0 0 0 Reuters reports that Australia and China have struck their biggest trade deal, as the world''s two
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US returns $2.4 million in stolen oil money to Mexico

August 12, 2009
Normal 0 0 1 338 1928 16 3 2367 11.1282 0 0 0 According to the Associated Press, Mexico has received $2.4 million that was forfeited by a U.S.
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Chevron discovers oil and gas off Angolan coast

August 11, 2009
The Associated Press reports that Chevron Corp. claims its affiliate struck oil and natural gas off the coast of Angola. The second-largest U.S. oil company said its affiliate Cabinda Gulf
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Vital Louisiana oil port left vulnerable to hurricanes

August 3, 2009
The booming oil hub called Port Fourchon, a nerve center in the nation''s oil supply chain in Louisiana, is turning into a sitting duck for hurricanes as the beach
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New technology aimed at increasing global oil production

July 29, 2009
The global oil industry is spending billions on technology to increase the amount of oil it can extract from the ground, reports the Associated Press. Oil companies typically recover only
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Exxon sees natural gas potential with new drilling technique

July 27, 2009
At a natural gas well site in the desert, 80 miles west of the Rocky Mountains tourism hive, workers for Exxon Mobil Corp. load cranes, operate pumps and monitor
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